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Buy a Blog: Effort 3Flippa: You can also get an existing blog that is already making money. People today sell successful blogs for a variety of reasons; theyre tired of doing it, they no longer have time to do it, its not making enough money, or your offer was too great to refuse.It takes some research to find a blog worth buying though, kind of like choosing the right rental property.
You can outsource websites for sale at Flippa, and a few can be obtained for only a couple dollars.Buy an Existing Business: Effort 3The barrier to buying an online business is much lower than purchasing a brick and mortar business. They can be had much more cheaply, and there arent a lot of any physical resources to address, and there isnt much overhead.You can find online businesses for sale on sites such as BizBuySell.Buy Royalties: Attempt 2Had no thought that this was a thing! Music ownership is managed by means of royalties.
Royalty rights are not affected by financial markets and supply a steady flow of passive income.You can bid on royalties on the site Royalty Exchange.Buy and Sell Domain Names: Effort 3Internet domain names can be valuable! Thats why famous men and women rush to signature their childrens names because if someone is going to pimp out a baby, its gonna be Beyonce and Jay Z and not a few internet nerd.There is some chance involved in choosing a good domain name to purchase, but there are also methods to research what might be a good one.
You can buy domain names at Flippa. We interviewed Adam Dicker concerning this process.Brick and Mortar BusinessesThe right brick and mortar business can be a fantastic investment, but there are a whole lot more overhead and more moving parts. Therefore much more research must be done than you needed to invest in an online business.
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For some people, this is harder than it sounds. When you consent to be a silent partner, you have to keep silent that can be difficult when its your money on the line, and you think things should be done differently.You can search sites like Angel Investors Network for opportunities.Rent it OutYou can make money renting out lots of things.Rent a Room: Get More Info Effort 2A lot of areas really are cracking down on renting out an entire home or apartment, however there arent restrictions on renting out a space in your home.
And theyll pay you! Airbnb connects people who have space to rent to people looking for somewhere to stay. We wrote an article on the process.Rent Just Like a Champion: Can you live near a school campus, renowned golf course, race track, or other venues in which significant a fantastic read sporting events have been held You can rent your house out to people attending those events through Rent Like a Champion.You set the cost and availability of your rental.
The company supplies around $1,000,000 in insurance policy which functions as your main insurance coverage for your time your house is rented out.The policy covers liability, structural damage, and harm to things and property. You're paid through direct deposit 5-6 business days following the guests check out. The website currently has listings in 25 cities in the US.Rent Your Stuff: Effort 2Peer Renters: Are you one of those people who decides to begin a new hobby, then purchases all of the stuff you need to partake in that pastime, do it once and then realize you hate it, and now youre stuck with this expensive shitOr maybe you do use your stuff, however you probably arent using it all of the time.
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And even that isnt enough room for all of the things we buy, so we need more storage space. There is almost no maintenance for storage units, and they dont require the exact same level of management as a rental property.The units are self-serve. Folks allow themselves in and out of their units.
You can peruse storage centers for sale in LoopNet.If you dont have the money to purchase or build a centre, you can invest in a REIT that specializes in them like Public Storage or ExtraSpace Storage Inc.Pyramid SchemesA pyramid scheme is a form of investment in which each person involved recruits others to join.
Herbalife and Amway call themselves multi-level marketing companies but both have been accused of being pyramid schemes.There are a whole see this website lot of lazy men and women who dont want to get real jobs but want to pretend to have a livelihood. These are the kinds of people that you can recruit for your very own pyramid scheme.
There are a great deal of fat men and women that want to be thin but who dont want to eat less and move more, so some kind of magic weight loss product like a shake or a body wrap are two good ideas.Make all kinds of crazy claims about your product, together with regulatory agencies , whos going to prevent you This shake can allow you to lose ten pounds overnight! This wrap will eliminate cellulite in only 2 weeks!It helps if you are good looking, healthy, and charismatic.